Wednesday, July 13, 2011

Economics

I just re-subscribed to a local publication here in Libertopia. As is normally the case, I paid in silver.

As it happens, the comparison of the value of silver to the value of the publication has changed slightly in the past year, so for my 1 oz .999 silver, I got a little extra time on my subscription. Yet, because the trade is completely voluntary, both I and the publisher come away feeling we each got the better end of the deal (for us), or we wouldn't have agreed to the trade. How can you beat that?

You can't!


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